Consumer price index numbers for industrial workers on base 1960
Category : Concepts. While the first three are compiled and released by the Labour Bureau in the Ministry of Labour, the fourth one is released by the Central Statistical Organisation in the Ministry of Statistics and Programme Implementation. The target group is an average working class family belonging to any of the seven sectors of the economy- factories, mines, plantation, motor transport, port, railways and electricity generation and distribution. As a consequence of rise in prices and cost of living, the provincial governments started compiling Consumer Price Index. Photo Gallery. Share Tools.
Will similar benefit be extended to RBI pensioners? The exercise on revision of the base year should be completed by the concerned agencies within a one- year period preferably after the availability of the requisite data. Some of the State Governments, public and private sector undertakings, foreign embassies, etc. Central Govt. Digital India Awards.
The actual centres were then selected on the basis of centre-wise industrial employment in consultation with the respective State Government. Consumer Price Index Numbers for Industrial workers measure a change over time in prices of a fixed basket of goods and services consumed by Industrial Workers. TAC should also give a procedure for compiling a combined index based on these two indices. In pursuance of the recommendation of Rau Court of enquiry, the work of compilation and maintenance was taken over by government in Email required Address never made public. The population of working class families for a State was obtained by dividing the average daily employment in respect of the sectors covered by the average number of earners in the State.
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TAC should also give a procedure for compiling a combined index based on these two indices. The Commission observed that the number of villages from which the rural retail prices are being collected still continued to be only. By continuing to use this website, you agree to their use. Like Like. Central Govt. Tender Notices.
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Views Read View source View history. This page has been accessed 35, times. Search form Search. These indices are not oriented to reflect a true picture of the price behaviour and effect of price fluctuations of various goods and services consumed by the population in the country, over a period of time. This series is presently compiled for 20 States and All-India. Page last updated on : Thursday, May 7, Visitors:. With a long period having elapsed since considerable changes in the economy have taken place affecting the general patterns and levels of consumption.
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This page has been accessed 35, times. The history of compilation and maintenance of Consumer Price Index for Industrial workers owes its origin to the deteriorating economic condition of the workers post first world war which resulted in sharp increase in prices. A rural labourer is defined as one who does manual work in rural areas in agricultural and non-agricultural occupations in return for wages in cash or kind, or partly in cash and partly in kind. Precise figures relating to the number of working class families are not available for the different States. The index covers only manual workers irrespective of their income. This page was first created on 20 August , at and last modified on 8 April , at You are commenting using your Facebook account.
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You are commenting using your WordPress. Technical Papers. Statistical Publication. Home This is largely due to the fact that the choice of the constituent centres was not determined by the laws of probability but was made purposively in consultation with the various State Governments with a view to representing as many of the industrially important centres in each state as possible subject to the total number of centres being limited to Constitution Day. You are commenting using your Google account.
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The existing system of price data collection should be suitably streamlined and augmented so as to provide price data for compilation of CPI for rural and urban areas. By continuing to use this website, you agree to their use. India Code Portal. Tender Notices. Monthly price data collected from villages spread over 20 States see Annexe For revision of the series, the administrative procedure should be streamlined in such a way that necessary resources are sanctioned in a time-bound manner.
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Consumer price index numbers for industrial workers on base 1960:
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